Escalon Medical Balance Sheet Health
Financial Health criteria checks 5/6
Escalon Medical has a total shareholder equity of $1.8M and total debt of $325.3K, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are $4.7M and $2.9M respectively. Escalon Medical's EBIT is $708.3K making its interest coverage ratio 31.9. It has cash and short-term investments of $390.4K.
Key information
17.7%
Debt to equity ratio
US$325.35k
Debt
Interest coverage ratio | 31.9x |
Cash | US$390.44k |
Equity | US$1.84m |
Total liabilities | US$2.87m |
Total assets | US$4.71m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESMC's short term assets ($4.2M) exceed its short term liabilities ($2.5M).
Long Term Liabilities: ESMC's short term assets ($4.2M) exceed its long term liabilities ($325.2K).
Debt to Equity History and Analysis
Debt Level: ESMC has more cash than its total debt.
Reducing Debt: ESMC's debt to equity ratio has increased from 10.3% to 17.7% over the past 5 years.
Debt Coverage: ESMC's debt is well covered by operating cash flow (48.5%).
Interest Coverage: ESMC's interest payments on its debt are well covered by EBIT (31.9x coverage).